Fidelity MSCI Information Technology Index ETF
$271.58−7.45 (−2.67%)
- 0.08%
- $22.2B
- +18.5%
- 0.40%
- 275K sh
- low $198.17high $311.83
The ETF.net FTEC Grade
A
Score 78 out of 100
- 2 of 25
Score 78 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A98 out of 100Rank 1 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 9 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A88 out of 100Rank 3 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D38 out of 100Rank 18 of 24Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 8 of 25
Our read on FTEC
In short
AFidelity's tech sleeve runs 0.08% a year and holds about 300 names, tracking an MSCI index that reaches from mega-cap chipmakers down into small-cap software. Cheap beta on the whole US tech stack, not just the giants.
Stated mandate
Seeks to track, before fees and expenses, the performance of the MSCI USA IMI Information Technology Index.
Why people hold it
Worth knowing
FTEC Holdings
- Stocks
- 291
- 64%
- AAPL
Sectors
- Technology99.4%
- Financials0.3%
- Industrials0.3%
- Consumer Discretionary0.1%
Geography
- United States99.48%
- China0.29%
- Mexico0.16%
- Taiwan0.04%
- Singapore0.02%
- Hong Kong0.01%
FTEC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FTEC$11,852
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FTEC |
|---|---|
| Year to date | +24.6% |
| 1 month | −7.0% |
| 3 months | +3.4% |
| 1 year | +18.5% |
| 3 years | +32.7% |
| 5 years | +17.6% |
| 10 years | +23.7% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FTEC |
|---|---|---|
| 2026 YTD | +24.6% | |
| 2025 | +22.1% | |
| 2024 | +29.4% | |
| 2023 | +53.3% | |
| 2022 | −29.6% | |
| 2021 | +30.5% | |
| 2020 | +45.9% |
FTEC in the news
FTEC Dividends
- 0.40%
- $1.11
- $0.33 per share
- Quarterly
FTEC Risk
- 22.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.19
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −35.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.35
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
FTEC Cost
Overpaying vs XLK, cheapest in Technology (Broad)
$84
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FTEC 0.084%
$1,773
XLK 0.08% Cheapest
$1,689
Cost over time
Year by year
| Year | FTEC | XLK | Overpaying |
|---|---|---|---|
| 10 | $154 | $147 | $7 |
| 20 | $603 | $575 | $28 |
| 30 | $1,773 | $1,689 | $84 |
Other funds in Technology (Broad)
- AXLKState Street Technology Select Sector SPDR ETFExpense ratio 0.08%1 year return +20.0%
- AVGTVanguard Information Technology ETFExpense ratio 0.09%1 year return +18.5%
- BRSPTInvesco S&P 500 Equal Weight Technology ETFExpense ratio 0.40%1 year return +35.4%
- BIGMiShares Expanded Tech Sector ETFExpense ratio 0.37%1 year return +14.1%
- BIYWiShares U.S. Technology ETFExpense ratio 0.37%1 year return +16.8%
